Boysen produces enamel and acrylic paint from two particular raw materials M1 and M2. The following data provides the data regarding the production restrictions. If the maximum daily demanded for enamel paint is 2 tons, determine the production output that would maximize the profit. Find the optimal solution using the Simplex Method.
Boysen produces enamel and acrylic paint from two particular raw materials M1 and M2. The following data provides the data regarding the production restrictions. If the maximum daily demanded for enamel paint is 2 tons, determine the production output that would maximize the profit. Find the optimal solution using the Simplex Method.
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Boysen produces enamel and acrylic paint from two particular raw materials M1 and M2. The following data provides the data regarding the production restrictions.
If the maximum daily demanded for enamel paint is 2 tons, determine the production output that would maximize the profit. Find the optimal solution using the Simplex Method.

Transcribed Image Text:Raw Material, M1
Raw Material, M2
Profit per ton (in millions of Php)
Tons of Raw Materials per
ton of:
Acrylic Paint
6
1
5
Enamel
Paint
4
2
4
Maximum daily
availability (in
tons)
24
6
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